People being devalued to blame for unemployment

posted by Simisani C. in business


A lawyer. A computer scientist. A military analyst. A teacher. What do these people have in common? They are trained professionals who cannot find full-time jobs. How many University of Botswana LLB graduates or BAC graduates do you know who are currently unemployed or plying their trade in an internship role just to break even and collect a bit of ‘experience’?

The truth is since 2008, they have been tenuously employed - working one-year contracts, consulting on the side, hustling to survive. They spent thousands on undergraduate and graduate training to avoid that hustle. They eschewed dreams - journalism, art and entertainment for safer bets, only to discover that the safest bet is that your job will be contingent and disposable.

Some unemployed graduates are told that their predicament is their own fault. They should have chosen a more "practical" major, like science or engineering, and stayed away from the fickle and loathsome humanities. The reality is that, in the "jobless recovery", nearly every sector of the economy has been decimated. Companies have turned permanent jobs into contingency labour, and entry-level positions into unpaid internships.

Changing your major will not change a broken economy.

People devalued

Studies In the United States, nine percent of computer science graduates are unemployed, and 14.7 percent of those who hold degrees in information systems have no job. Graduates with degrees in STEM - science, technology, engineering and medicine - are facing record joblessness, with unemployment at more than twice pre-recession levels. The job market for law degree holders continues to erode, with only 55 percent of 2011 law graduates in full-time jobs. In our country statistics are likely to raise unless government begin to yield fruits. It is not skills or majors that are being devalued. It is people.